Boasting a prime waterfront position, these properties offer breathtaking panoramic views of Jamaica Bay and Manhattan.
Prime for Redevelopment.
Seeking Pre-Auction Offers for this property in the Chapter 11 Bankruptcy Case of Farway Marina, Inc., 23-41446 (JMM) in the US Bankruptcy Court EDNY.
Additional materials and a full data room are available for download at: https://auctionadvisors.com/property-details/property_354/. Also, see: https://85thstreetpier.com/
The property is located on Jamaica Bay between Beach 84th and Beach 85th Streets. Four (4) parcels of land encompassing a total of 153,243 square feet in the picturesque Rockaway Beach area of Queens, New York.
Potential uses: Wet Slips (up to +/- 100); 3-Tiered Dry Storage (+/- 120 Dry Slips); Residential Housing, Stilt Houses, Boat Club, Pier & Yacht Club, single family homes, floating rentals, apartment hotels and much more. You decide!
Special Zoning C3/R4-1. Includes all types of residential (single family, floating rentals, apartment hotel etc.), community centers & broad range of facilities for boating and related commercial activities which are suitable in waterfront areas. THE ZONING OF PROPERTY WAS PREVIOUSLY LISTED INCORRECTLY IN CERTAIN PLACES. THE LOTS BEING OFFERED ARE ZONED C3 AND/OR R4-1. C3 IS A RARE AND SOUGHT AFTER ZONING DESIGNATION. IT SHOULD BE NOTED THAT NONE OF THESE LOTS HAVE A "CR" COASTAL RISK DESIGNATION